BONK Falls 5% to $0.00001223 After Rejection at Key Resistance

On November 12, 2025, BONK experienced a notable decline of 5%, dropping to $0.00001223 after it was unable to surpass a crucial resistance level at $0.0000130. The failure to break this resistance is significant as it reflects market sentiment and potential selling pressure. The trading volume surged nearly 50% above average during this period, suggesting that traders were actively reacting to the price movements. Such fluctuations in cryptocurrency markets are common, and they highlight the volatility and speculative nature of digital assets. The inability to maintain upward momentum could lead to further declines if bearish sentiment persists, making it essential for investors to monitor these resistance levels closely.